Sun.Aug 04, 2024

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QBO Inventory Item Limitations

Insightful Accountant

QuickBooks Online users are experiencing cost processing issues when inventory items have histories of 25-thousand or more transactions.

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Full expensing for the construction industry

Menzies

Menzies LLP - A leading chartered accountancy firm. The current position Full expensing is a valuable relief which enables companies to claim a 100% first year allowance on the cost of qualifying plant and machinery. For companies that pay the full rate of corporation tax, this reduces the cost of plant and machinery by 25% in the year in which it is purchased.